MGT 2.86% 18.0¢ magnetite mines limited.

MGT $ 1.00 TARGET PRICE 2024, page-14

  1. 2,731 Posts.
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    First, I do not hold any shares now because I originally purchased shares at around 0.500 so I sold down as a capital loss for gains in LITHIUM MINERS.
    I am keeping an eye on the company and have with alerts in place to make the decision to enter again.
    I feel that the high price you put for the shares at $1 is ambitious and will not happen for 18 months to 2 years when the pipeline gas being, started and all feasible studies completed., this may take longer than you all think.
    I am completely in with where MGT is going and what the importance of the material to the world will be but look at 2 years and I would agree with some comments as I have in the past purchased shares at a low cost and put them in mt bottom drawer with ALERTS to revisited and invested more.

 
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